HOFFMAN ESTATES, Ill. – Sears Holdings Corp. (SHLD) on Thursday reported a loss of $580 million in its fiscal fourth quarter.
On a per-share basis, the Hoffman Estates, Illinois-based company said it had a loss of $5.44. Losses, adjusted for non-recurring costs, were $1.70 per share.
The department store operator posted revenue of $7.3 billion in the period.
Sears shares have decreased 17 per cent since the beginning of the year. The stock has declined 56 per cent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHLD at http://www.zacks.com/ap/SHLD
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Keywords: Sears Holdings, Earnings Report, Priority Earnings